Actelis Networks (Actelis Networks) Interest Expense : $-0.79 Mil (TTM As of Mar. 2024)

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What is Actelis Networks Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Actelis Networks's interest expense for the three months ended in Mar. 2024 was $ -0.21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.79 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Actelis Networks's Operating Income for the three months ended in Mar. 2024 was $ -1.87 Mil. Actelis Networks's Interest Expense for the three months ended in Mar. 2024 was $ -0.21 Mil. Actelis Networks did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Actelis Networks Interest Expense Historical Data

The historical data trend for Actelis Networks's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Actelis Networks Interest Expense Chart

Actelis Networks Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.26

-0.69

-0.83

-0.77

Actelis Networks Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial									-0.18	-0.17	-0.16	-0.25	-0.21

Actelis Networks Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.79 Mil.

Actelis Networks (NAS:ASNS) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Actelis Networks's Interest Expense for the three months ended in Mar. 2024 was $-0.21 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-1.87 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $2.78 Mil.

Actelis Networks's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Actelis Networks did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Actelis Networks (Actelis Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Actelis Networks Inc (NAS:ASNS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

4039 Clipper Court, Fremont, CA, USA, 94538

Website

https://www.actelis.com

Actelis Networks Inc is a networking solutions company with a mission to enable communication for Internet of Things, or IoT, projects, deployed over wide areas such as cities, campuses, airports, military bases, roads, and rail. Its networking solutions use a combination of newly deployed fiber infrastructure and existing copper and coaxial lines to create a cost-effective, secure, and quick-to-deploy network. Its solutions also offer end-to-end network security to protect critical IoT data, utilizing a powerful combination of coding and encryption technologies, applied as required on both new and existing infrastructure within the hybrid-fiber-copper network.

Executives

Michal Winkler-solomon	officer: Vice President Marketing	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Bret Harrison	officer: Senior VP Sales, Americas	4039 CLIPPER COURT, FREMONT CA 94538
Tuvia Barlev	director, officer: CEO and Chairman of the Board	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Israel Niv	director	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Naama Halevi-davidov	director	C/O KALTURA, INC., 250 PARK AVENUE SOUTH, 10TH FLOOR, NEW YORK NY 10003
Yoav Efron	officer: Chief Financial Officer	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Jan Ruderman	officer: CRO-Americas	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Yaron Altit	officer: EVP Sales Intl.	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Noemi Schmayer	director	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Joseph Moscovitz	director	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Eyal Aharon	officer: Vice President R&D	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Elad Domanovitz	officer: Chief Technology Officer	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Hemi Kabir	officer: Vice President, Operations	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Bruce Hammergren	officer: EVP Sales Americas	C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539